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1239 N ReeseBurbank, CA 91506

For Sale

$2,495,000

Smart Buyer Rebate $24,950

Exceptional investment opportunity in one of Burbank's most desirable neighborhoods. This fully occupied three unit property features a beautifully renovated 3 bedroom, 2 bath front home, a brand new two story 4 bedroom, 3 bath rear home completed in 2026, and a newly constructed 2 bedroom, 1 bath ADU built in 2026. The front residence has been extensively remodeled with an updated kitchen, remodeled bathrooms, new flooring, designer lighting, and a spacious primary suite. The rear home showcases quality craftsmanship, an open-concept floor plan, high ceilings, abundant natural light, designer finishes, solar panels, and private outdoor space. The detached ADU offers modern finishes and excellent privacy. Currently generating approximately $11,450 per month ($137,400 annually) in gross rental income, this turnkey property presents an outstanding opportunity for investors or owner users seeking significant supplemental income. Ideally located on a quiet tree lined street near Warner Bros. Studios, Disney Studios, the Empire Center, shopping, dining, parks, and highly rated Burbank schools.

Listed by Krikor Demirjian

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License #01993420

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Bellamar Realty

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818-300-8690

Last updated August 03, 2026

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Source: bridgeMLS #CRSR26168809

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorthwest District
  • Bedrooms9
  • Days on Prevu43
  • Size3,674 sqft
  • Price per sqft$679

Amenities

  • Air Conditioning

Location

Mortgage Calculator

Listing History

08/03/2026
Listed by Bellamar Realty
$2,495,000
  1. 08/03/2026$2,495,000
    Listed by Bellamar Realty

Property Details for 1239 N Reese

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 2026
  • Exterior Features: Front Yard

Measurements

  • Building Area Total: 3,674
  • Lot Features: Other, Front Yard
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Square Feet: 7,001
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 2462010006

Interior

Measurements

  • Living Area: 3,674
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 9

Parking

Parking

  • Parking Features: Other

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 9 bedrooms in this multi-family home at 1239 N Reese.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,674 sqft.

1239 N Reese is a 9-bedroom multi-family home for sale in Burbank CA 91506. Listed on Prevu for 43 days at $2,495,000. This home features 3,674 square feet of living space, located in Northwest District. The median listing price for multi-family homes in this area is $1,224,999. Additional amenities include air conditioning. View other multi-family home listings in Burbank.

Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.